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The video, released by the Baltimore Police Department this week to NBC affiliate WBAL of Baltimore, shows the officers' stunned reactions after the enormous structure was taken down. The officer arrives at 1:48 a.m. and asks an officer already at the scene: "Is that the Key Bridge collapsed?" "Yeah it's the whole bridge, a ship lost its steering and the whole bridge is down in the river," he responds. The original officer, struggling to take in the size of the disaster then says: "I mean, that's the Key Bridge ... "That's a long fall," one officer says of the missing construction workers.
Persons: Baltimore's Francis Scott Key, Dali, Francis Scott Key, Al Drago, Julio Cervantes Suarez, , Brian Wolfe, WBAL Organizations: Baltimore Police Department, NBC, Francis Scott Key Bridge, Bloomberg, Getty, NBC News, Maryland Transport Authority Locations: , Baltimore, Maryland
NASA this week has been discussing the possibility of returning Starliner empty and instead using SpaceX’s Crew Dragon spacecraft to return its astronauts. The Boeing crew flight was initially planned to last a minimum of nine days. NASA previously noted that SpaceX serves as a backup but has sought to deemphasize that possibility, calling Boeing’s spacecraft the “primary option” for return. Already, Boeing’s Starliner losses total more than $1.5 billion due to repeated setbacks and years of delays in developing the spacecraft. If NASA backs Boeing and returns Wilmore and Williams on Starliner, the agency is accepting a currently unquantifiable amount of risk.
Persons: Butch Wilmore, Suni Williams, , , Williams, Mark Nappi, “ We’re, ” Nappi, Steve Stich, Starliner Organizations: NASA, SpaceX, International Space Station, CNBC, Boeing, Ars Technica, Boeing’s, Space, Commercial, Starliner Locations: Starliner
How do I start?”The ad then displays a website for a group called America PAC. “I have created a PAC, or a super PAC ... the America PAC,” Musk said in a recent interview. But what is unique about America PAC’s project is who is backing it and the timing of its creation. The America PAC raised over $8 million between April 1 and June 30, according to FEC records. He recently said on X that he is “making some donations to America PAC,” but did not say how much.
Persons: , Donald Trump, Trump, they’ll, Elon Musk, Kamala Harris, ” Musk, Musk, , Brendan Fischer, Fischer, ” Fischer, Phil Cox, Generra Peck, Dave Rexrode, Doug Leone, Cameron, Tyler Winklevoss, Joe Lonsdale, Lonsdale, Harris, Daniel Weiner, Brennan, Matthew Baum, Baum, Weiner Organizations: Google, America PAC, Tesla, Republican, Democratic, Forbes, PAC, Facebook, YouTube, America, “ America PAC, Trump, The New York Times, FEC, Harvard Kennedy School Locations: Michigan, California, Wyoming, Pennsylvania, Georgia, Arizona , Michigan, North Carolina , Nevada , Pennsylvania, Wisconsin, America, Trump
While most of TIAA’s clients are current or retired workers at nonprofit organizations, TIAA also offers individual retirement accounts to investors online. They didn’t own enough in-house TIAA products, according to the complaint and a recording of Parkin’s presentation. But in two asset classes, the tool’s recommendations are limited to TIAA products, according to the complaint and internal documents. Morningstar selects asset classes and investments for the TIAA tool from those chosen by a retirement plan fiduciary, it said. Paras Griffin / Getty Images fileThe recent push to increase client usage of TIAA’s advice tool appears to be succeeding.
Persons: Ted Fitzpatrick, Fitzpatrick, TIAA, , ” Fitzpatrick, , Chris Tobe, Craig Parkin, Rajotte, , Yale, Craig Warga, TIAA hasn’t, Ted Siedle, “ TIAA, ” Siedle, TIAA’s Parkin, Parkin, Thasunda Brown Duckett, “ Thasunda, ” Parkin, ” TIAA, Adriana Macias, Morningstar, Duckett, Rowe Price, TIAA’s, Paras Griffin, it’s, Steers, Organizations: SEC, New, Cornell University, University of North Carolina System, TIAA, Vanguard, Fidelity, Systems, Yale, Yale University, Bloomberg, Getty, Brown University and Harvard, NBC News, NBC, Morningstar Investment Management, of, Morningstar, “ Morningstar Investment Management, Bank of New York Mellon, Equitable Holdings, Cohen, Steers, & $ Locations: Milwaukee, TIAA, New York, New Haven, Conn, Chicago, Atlanta
But you're going to struggle if you're looking for a new one. "Even a few months ago, the labor market seemed fine, the trajectory looked stable," said Guy Berger, director of economic research at the Burning Glass Institute, a think tank. The Fed therefore believes it can put a floor underneath the labor market that prevents it from deteriorating further, Berger said. "What we need to see is strong private-sector labor market growth, and outside of health care, what we've seen instead is a very, very rapid deceleration that has shown no signs yet of stabilizing," Pollak said. Pollak also said leisure and hospitality jobs — a key entry point into the labor market — have actually declined outright in recent months, putting further pressure on workers to secure employment.
Persons: Guy Berger, Berger, Jerome Powell, Bill Dudley, Julia Pollak, Pollak, we've Organizations: of Labor Statistics, Glass, Federal, Fed, New York Federal, Bloomberg Locations: U.S, haves
The case returns to Judge Tanya Chutkan one month after the Supreme Court issued a game-changing ruling on presidential power. But the Supreme Court interceded earlier this year and put the case on pause to consider Trump’s claims of presidential immunity. Attorneys working on the case believe that Chutkan will move quickly with the case back in her jurisdiction, according to sources familiar with their thinking. Any move she makes will be under extreme scrutiny, given that it’s the only remining federal case against Trump after the Florida federal judge overseeing his classified documents case, Aileen Cannon, dismissed those criminal charges against Trump and his two co-defendants. Cannon appeared to hold hearings on nearly every motion in the Trump case before her, but Chutkan often rules without hearing from the parties in person.
Persons: Donald Trump, Tanya Chutkan, Chutkan, Trump’s, Jack Smith’s, Mike Pence, Trump, Aileen Cannon, , ’ Chutkan, , ” Chutkan, She’s, “ Tanya’s, it’s, shouldn’t, Tim Parlatore, Cannon, , CNN’s Holmes Lybrand, Evan Perez, Paula Reid, Casey Gannon Organizations: CNN, Trump, Capitol, DC, Court Locations: Washington ,, Florida, Washington
Frank Bruni: Beth, Jim, thanks for joining me to discuss the hottest topic in American politics: To whom will Kamala Harris propose? It’s like “The Bachelor,” only with nuclear codes instead of a red rose. But there have been periods recently when everybody around me was betting on either Senator Mark Kelly of Arizona, Gov. Each of you has steered a presidential campaign: What, based on that experience, would you guess is Vice President Harris’s and her advisers’ primary consideration as they make this decision? Beth Myers: Choosing a vice president is one of the very few choices that the nominee has under her control, and it’s very particular for every candidate.
Persons: Frank Bruni, Beth Myers, Mitt Romney’s, Jim Jordan, John Kerry’s, Kamala Harris, Beth, Jim, Josh Shapiro, Mark Kelly of, Andy Beshear, Tim Walz, Harris’s, Organizations: Pennsylvania, Gov, Minnesota Locations: Philadelphia, Mark Kelly of Arizona, Kentucky
The ad then displays a website for a group called America PAC. "I have created a PAC, or a super PAC ... the America PAC," Musk said in a recent interview. But what is unique about America PAC's project is who is backing it and the timing of its creation. He recently said on X that he is "making some donations to America PAC," but did not say how much. Musk on X mirrors Musk PAC
Persons: Elon Musk, The Beverly Hilton, David Swanson, Donald Trump, Trump, they'll, Kamala Harris, Musk, Brendan Fischer, Fischer, Phil Cox, Generra Peck, Dave Rexrode, Doug Leone, Cameron, Tyler Winklevoss, Joe Lonsdale, Lonsdale Organizations: SpaceX, Tesla, The Beverly, Reuters, Google, America PAC, Republican, Democratic, Forbes, PAC, Facebook, YouTube, America, Trump, The New York Times, FEC Locations: Beverly Hills , California, U.S, Michigan, California, Wyoming, Pennsylvania, Georgia, Arizona , Michigan, North Carolina , Nevada , Pennsylvania, Wisconsin
At the National Association of Black Journalists' annual convention in Chicago on Wednesday, former President Donald Trump said inflation and high interest rates are "destroying our country." The Republican presidential nominee said if elected, he would "bring interest rates way down." The president, however, exerts no direct control over interest rates. The Federal Reserve sets interest rates, and it operates independently of the White House. Once that rate comes down, consumers may see their borrowing costs fall as well.
Persons: Donald Trump, Harris, Kamala Harris Organizations: National Association of Black Journalists, Republican, Federal Reserve, White, Federal, Finance Locations: Chicago , Illinois, U.S, Chicago
Finance, health care and other regulated industries should consider their specific needs and tailor their defenses with military-grade components, he added. The implementation of military-grade cybersecurity is not without challenges. In 2024, regulated industries have witnessed a significant increase in both the number and cost of data breaches. Frederic Rivain, chief technology officer of Dashlane, holds a contrarian view on the need for military-grade defenses. "Multifactor authentication is important, and you must have it, but you still need to have multiple layers," Two Bears said.
Persons: CrowdStrike, Javad Abed, Abed, shouldn't, Cole, Didi, National Intelligence Avril Haines, Gen, Gary Orenstein, Orenstein, doesn't, Frederic Rivain, Rivain Organizations: Johns Hopkins Carey Business School, Delta Air Lines, Finance, IBM, Ponemon Institute, Bears, Amazon, Data, Verizon, National Intelligence, Employees Locations: ThinkGard, U.S, China, America
Shyamalan's biggest cinematic failure was "The Last Airbender," an adaptation of a beloved animated series. Together, with Katara (Nicola Peltz Beckham) and Sokka (Jackson Rathbone), Aang fends off enemies, including Prince Zuko (Dev Patel), seeking to control and harness his powers. While the film's source material is generally considered one of the best animated series of the 2000s, M. Night Shyamalan's adaptation was derided as a boring, slow-moving mess that woefully underutilized Patel, a talented performer who had catapulted to stardom two years earlier with "Slumdog Millionaire." "It is incredible how awful the once feted director M. Night Shyamalan has become and how he is still allowed to make big-budget films," wrote The Guardian's Peter Bradshaw. "I didn't think it was possible for him to make something worse than his 'Lady in the Water' or 'The Happening.'
Persons: Noah Ringer, Katara, Nicola Peltz Beckham, Jackson Rathbone, Aang fends, Prince Zuko, Dev Patel, underutilized Patel, Peter Bradshaw Organizations: Paramount Pictures
As families shop for school supplies, how should they prepare for the spread of viruses and other diseases? Dr. Leana Wen: Historically, respiratory illnesses peak later in the year when the weather gets cooler. CNN: As families shop for school supplies, should they also pick up Covid tests or medications to treat respiratory illnesses? Despite using these and other preventive measures, it’s likely that kids will contract respiratory viruses many times during the school year. Which means adults would also do well to prepare for what happens if we get sick — and take preventive measures accordingly, too.
Persons: CNN — It’s, Leana Wen, Wen, It’s Organizations: CNN, George Washington University, US Centers for Disease Control, CDC, Getty Locations: United States
On Sunday, officials attempted to block opposition volunteers from voting centers, and in some places, they succeeded. The QR code scans gave a team of campaign workers immediate access to voting results, which they tabulated Sunday night and Monday. The National Electoral Council has not yet shared the tallies on its website, which has been down since Monday. While it is not obligated to post images of the tally sheets, it has previously shared each sheet’s totals. The campaign needed to get them all fully scanned using equipment especially designed to copy the tally sheets.
Persons: Maria Corina Machado, Nicolás Maduro, Maduro, ” Machado, , chorizo, Machado, Edmundo González, Elvis Amoroso, Gonzalez, Enrique Márquez, , , Luiz Inácio Lula da Silva, Gustavo Petro of, González, Jorge Rodriguez, Antony Blinken Organizations: Electoral, Electoral Council, United Socialist Party of, , Maduro’s, National, International, Regional Locations: Venezuela, Caracas, United Socialist Party of Venezuela, Brazil, Gustavo Petro of Colombia, U.S
The US once floated nuclear retaliation in 1958 if China invaded Taiwan, and stationed nuclear weapons on the island until 1974. It would essentially tell Beijing that an invasion of the island risks nuclear war, he said. "What's the benefit of reassuring Xi that our nuclear weapons are not relevant?" "So relatively low-yield nuclear weapons could destroy that amphibious force and do little to no collateral damage onshore in Taiwan." He added that threatening war — much less nuclear war — over Taiwan would be deeply unpopular at home.
Persons: , David Kearn, Kearn, — he'd, Greg Weaver, Weaver, Obama, Matthew Kroenig, James Acton, Greg, Matt, Kroenig, Lyle Goldstein, Goldstein, we're, Acton, Francesca Giovannini, Giovannini, Xi Jinping, Xi, It's, Marshall Billingslea, Billingslea, Rebeccah Heinrichs, Jake Werner Organizations: Service, John's, Atlantic Council, Pentagon, Business, RAND, US Defense, Joint Chiefs of Staff, Defense Department, Nuclear, Carnegie Endowment, International, China Initiative, Brown University, International Peace, Harvard University's Kennedy, Georgetown University, US State Department, Hudson, Keystone Defense Initiative, Kroenig, East Asia, Quincy Institute, Responsible, Johns University Locations: St, Taiwan, China, Beijing, Washington, Korea, Japan, Taiwan Strait, Washington , DC, Guam, South China, Russia, United States, Bejing, South Korea
Displaced people fleeing fighting in Lashio try to cross the flooded road to Taunggyi in Myanmar's northern Shan state on July 9, 2024. For Lashio to fall, “it basically eliminates the junta as an effective organized force from a huge part of the country,” Ruser said. The road on the way was badly damaged,” he said as he traveled to Taunggyi, the Shan state capital some nine hours south of Lashio. People queue for food at a monastery turned temporary shelter for internally displaced people in Lashio, Shan state on November 15, 2023. There were also reports in local media that the junta had ordered its staff to leave Lashio as fighting got closer.
Persons: Khin, ” Khin Swe, , , Lashio “, Zaw Min Tun, Lashio, Stringer, Nathan Ruser, ” Ruser, Swe, Khin Swe, , Arakan Army –, “ They’re, Miemie Winn Byrd, Daniel K, Inouye, ” Byrd, “ I’m, Min Aung, I’m, they’re Organizations: CNN, Northeastern Military Command, Myanmar National Democratic Alliance Army, Junta, Getty, Analysts, Australian Strategic Policy Institute, “ Artillery, Facebook, Rebels, Three Brotherhood Alliance, People’s Defence Force, National Liberation Army, Arakan Army, US Army, Pacific Center for Security, Brotherhood Alliance Locations: Myanmar, Lashio, Shan, Zaw, Taunggyi, AFP, Zin Ann, Hsipaw, Mandalay, Arakan, Inouye Asia
For now, Fed officials think the ongoing slowdown in hiring and a recent tick up in joblessness suggest the labor market is returning to normal after a few years of booming hiring. But while that approach is cautious when it comes to price increases, it could prove to be risky when it comes to the labor market. But that chain reaction can come at a serious cost to the job market. For now, Fed officials think that the ongoing slowdown in hiring and a recent tick up in joblessness signal that labor market conditions are returning to normal after a few years of booming hiring. Fed rate moves take time to work, so if the central bank only starts to cut borrowing costs when the job market is showing serious signs of strain, it could be moving too late.
Persons: ” Jerome H, Powell, Mr, Neil Dutta, ” Mr, , Organizations: Federal Reserve, Macro Locations: joblessness,
AdvertisementArrival at the delivery ward in the US vs SwitzerlandSo no, the suburban Chicago hospital had no birthing stool. In Switzerland, the standard of care is a five-day hospital stay for a vaginal birth and a 10-day hospital stay for a C-section. AdvertisementDuring my five-day hospital stay in Switzerland, in addition to constantly monitoring my baby and my health, I was taught to breastfeed, diaper, and bathe my baby. The author found giving birth in Switzerland much easier than back home in Chicago. AdvertisementChantal Panozzo is writing a book about what she wishes she'd known about American life before giving up her Swiss residency permit.
Persons: , GYN, I'd, Chantal Panozzo, Peterson, haven't, she'd Organizations: Service, Business, Swiss, OB, Commonwealth Fund, Disease Control Locations: Chicago, Switzerland, Swiss, America
She left the corporate grind earlier this year and turned her side gigs into a full-time job. Her last position before moving into full-time self-employment had a base salary of $94,000. Advertisement"I was at this job, wasn't totally happy with it, and I knew I had been making decent money doing my side hustles part-time," she said. "When I'm doing that, I'm like, oh, I couldn't be doing this right now if I was working my corporate job," she said. Have you left your corporate job, made a career change, or turned your side hustle into a full-time job?
Persons: , Amber Smith, Smith, it's, I'm, wasn't, she's, I've, Taylor Swift Organizations: Service, Business, eBay Locations: Iowa, mhoff@businessinsider.com
Fed Will Scour Jobs Report for Signs of Weakness
  + stars: | 2024-08-02 | by ( Jeanna Smialek | ) www.nytimes.com   time to read: +1 min
Federal Reserve officials held off on cutting interest rates this week because they want slightly more data to feel confident that inflation is truly coming under control. But while that approach is cautious when it comes to price increases, it could prove to be risky when it comes to the labor market. High Fed interest rates help to cool inflation by slowing demand in the economy. And as inflation comes down, Fed policymakers are increasingly attuned to the risk that they might overdo it, tipping the economy into a severe enough slowdown that it pushes unemployment higher and leaves Americans out of work. Those concerns were not enough to prod central bankers to cut interest rates at their meeting this week.
Organizations: Federal
What’s Uniting, and Dividing, Native Voters in ArizonaNative American voters were key to helping Democrats clinch Arizona in 2020. But in this election, many Native voters say they feel exhausted, disappointed and torn about how to vote. But overall it was frustration and anxiety that we heard as we talked with more than four dozen voters around Phoenix and on the Navajo Nation, the country’s largest reservation, about their concerns. Many voters felt like they had been left out of the state’s growing economy, with unemployment for Native Americans almost double the national average. Most of the voters we spoke to said no, but some were willing to give him another shot.
Persons: Kamala Harris, Al Yazzie, Biden, Donald J, Trump, Lewis Fort, Dorothy Denetsosie Gishie, Clissene Lewis Clissene Lewis Dorothy Denetsosie Gishie Dorothy Denetsosie, Caleb Dash, Lewis Clissene Lewis Caleb Dash Caleb Dash Clissene Lewis Clissene Lewis “, Donald Trump, , Jan, , I’m, You’re, ” You’re, we’re, “ Trump, Caleb Dash Caleb Dash, MakanaLani, MakanaLani Pike Dorothy Denetsosie Gishie Dorothy Denetsosie, Pike Caleb Dash Caleb Dash Kyle Mitchell Diné, Kyle Mitchell Diné, Dorothy Denetsosie Gishie Dorothy Denetsosie, Caleb Dash Caleb Dash Kyle Mitchell Kyle Mitchell “, Sandra Willeford, Sandra Willeford Darrell Acothley, Darrell Acothley Organizations: Voters, Arizona Native, Democrats, Arizona, Democratic, Phoenix, Navajo Nation, Government, Lewis Fort McDowell, Maricopa Indian, , White, Tribal Youth, Maricopa Indian Community Locations: Arizona, Navajo, Washington, Lewis Fort McDowell Yavapai, Caleb Dash Salt, Pima, Maricopa Indian, Maricopa, MakanaLani Pike, Salt, Phoenix
There are cracks forming in the US jobs market
  + stars: | 2024-08-02 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +9 min
CNN —The pandemic threw the US job market into chaos, but four years later, things finally seem to be back to normal. Most indicators support the idea that the labor market is no longer overheated and could easily maintain a new normal of steady, but slower growth. The unemployment rate is expected to hold steady at 4.1%, according to FactSet consensus estimates. “This is a labor market that’s otherwise moderated,” Nick Bunker, director of North American economic research at Indeed, told CNN. The same goes for the prime-age labor force participation rate, which at 83.7% also is the highest in 23 years.
Persons: hasn’t, Jerome Powell, Nick Bunker, Powell, Nancy Vanden Houten, , , , , Madhavi Bokil, Indeed’s Bunker, Bunker, ” Elise Gould, ” Bunker, “ It’s, Julia Pollak, ” Pollak, can’t Organizations: CNN, Federal, of Labor, Challenger, Economic Policy Institute, Locations: Oxford
A federal grand jury is set to begin hearing evidence this month in the scam to steal the Graceland estate from Elvis Presley’s family, sources say. It involved a company called Naussany Investments, which claimed that Lisa Marie Presley, Elvis’ only child, owed millions of dollars in unpaid loans before she died. To collect on that debt, Naussany Investments sought control of Graceland through a foreclosure sale of the historic mansion. The documents Naussany Investments filed turned out to be forged, and a judge tossed out the case. More than half a dozen links seemed to separately connect Holden with the foiled scam at Graceland, NBC News found.
Persons: Elvis Presley’s, Lisa Holden, Holden, Graceland, Lisa Marie Presley, Elvis ’, Gregory Naussany, , ” Lisa Holden, Micah McCoy, Howell, Findley, Naussany, Organizations: NBC News, FBI, Western, of, Naussany Investments, NBC, Investments, Holden Locations: Memphis , Tennessee, Branson , Missouri, U.S, of Tennessee, Nigeria, Missouri, Sullins, Graceland
The complaint, filed in San Francisco County Superior Court, alleges fraud, breach of contract and misappropriation of Lemon’s name and likeness. Musk and X enticed Lemon with “false promises and representations,” the complaint alleges. In May 2023, shortly after CNN terminated Lemon, Musk posted on X: “Have you considered doing your show on this platform? Within a day of the interview, Musk sent Lemon’s agent a text message saying the partnership and contract were canceled. “To this day, Defendants have not compensated Lemon pursuant to the exclusive partnership deal that Defendants induced Lemon to enter into,” the filing says.
Persons: Don Lemon, Elon Musk, Musk, Lemon, Elon, , ” Lemon, Linda Yaccarino, Brett Weitz, he’d, , Donald Trump, Weitz, Jeff Zucker, Carney Shegerian, Don, Shegerian, who’s Organizations: CNN, Court, X, NBC Locations: San Francisco County, New York City
New York CNN —Donald Trump on Wednesday took the stage before a divided National Association of Black Journalists conference. Trump unleashed a barrage of vicious attacks on Kamala Harris, absurdly questioning her Black identity (she is indeed Black). And his hostility toward Black journalists asking tough questions is also nothing new. That was not the case on Wednesday at the NABJ conference. Video Ad Feedback She interviewed Trump during Black journalists conference.
Persons: Donald Trump, Trump, Kamala Harris, Abraham Lincoln, Rachel Scott, insurrectionists, Scott, Semafor’s Kadia, Harris Faulkner, CNN Trump, , Harris Organizations: New, New York CNN, Wednesday, National Association of Black Journalists, ABC, Fox News, Black, CNN Locations: New York, Lago, Lincoln
For months, diplomats and analysts in foreign capitals have worried that prolonged political upheaval in the United States could invite aggression abroad, whether in Russia’s waging of war in Ukraine, North Korea’s rogue nuclear ambitions or China’s expansionist designs in the South China Sea. Now, less than 100 days before Americans elect a new president, that broader geopolitical crisis has erupted in the familiar theater of the Middle East. The targeted killings of Hezbollah and Hamas leaders in Beirut and Tehran have deepened fears of a regionwide conflict — one that the United States, caught up in its own political drama at home, may have little capacity to avert or even contain. On Wednesday, Secretary of State Antony J. Blinken said the United States had not been involved in, or even informed of, the operation in Tehran, which the Iranian government swiftly blamed on Israel. To some, Mr. Blinken’s statement confirmed a dangerous power vacuum in the region.
Persons: Antony J, Blinken Locations: United, Ukraine, North, South China, Beirut, Tehran, United States, Israel
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